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This asymmetry suggests its appropriate to be more cautious in raising our federal funds rate than would be the case if shortterm nominal Interest Rates were appreciably above zero. Reflecting these concerns we have maintained our current policy stance even as the labor market has improved appreciably. However we must also take into account the welldocumented effect of Monetary Policy. Were the fomc to delay the policy normalization for too long we would like he likely end up having relatively abrupt rates to keep the economy from significantly overshooting both of our goals. Such an abrupt ti...

Countries will have an impact of the value of a dollar and the economy. Were interested in having the chairman address that issue also. These are some of the major issues we will discuss, and i certainly look forward to hearing chair yellens thoughts on this. There is also growing uncertainty that we should add to the occasion. Too many mornings we hear breaking news or pick up the newspaper and find headlines we dont want to read. That appears to be a spreading cancer not only in the United States but also throughout the world. And so the uncertainty that that levels and the impact that it ha...

We are very, very happy to have congressman teeberry take over as vice chair. Welcome. I also want to welcome our distinguished chair of the Federal Reserve janet yellen and thank her for appearing before us this morning. This committee has a long tradition of receiving regular updates from the chair of the Federal Reserve and were pleased to be continuing that tradition today. U. S. Economy has struggled through a long season of at tted growth. Over that time, our economy has grown at a historically slow pace averaging 2. 2 per year. Some had suggested that a 2 growth rate is and will be the ...

Its on our website. Its very powerful. Particularly think the three things katie talked about if ou look at the nature of the terrorist against the United States its all of the above. Every tactic technique that could potentially be available has been aimed at the United States which is important when you think about countering that. When everybody has an easy button answer, seal the border or keep out the refugees or end the visa waiver program. None of these are the terrorists just move on to something else. So in your programs toupt be efficacious and have due diligence. But somehow the not...

One other in partnership and to build this city together with peace and compassion. Oh, god, guys us to the path. I would like to end with a verse from the holy koran. Surely we have created you from a single pair male and female from nations and families so you may know one another which means to build relationships not so that you may take pride in your difference, color or social reign, surely the most honorable of you in gods sight is the best and righteousness. Surely god is all loving. Amen. [ applause ] supervisor london breed thank you for that prayer. I want to wrap it up by saying th...